All companies want to have growth, but growth is not all the same in terms of its lasting effects. To get started this week, read the article in Forbes, 13 Factors to Ensure Sustainable Business Growth Links to an external site.. After you read the article, choose a company that you are interested in or would like to work for one day. Assess the company and suggest two growth strategies you would recommend for the company and explain why you have made these recommendations. https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2020/06/08/13-factors-to-ensure-sustainable-business-growth/?sh=7aa2c6975279

Determine two factors of P&G (Procter&Gamble)   Entrepreneurship: Identify two entrepreneurs and specifically state what each entrepreneur has done to start, grow or maintain the business. (You have the option to exchange one of the entrepreneurs with an intrapreneur who serves in a leadership role within the organization.) Do not stop short by saying the entrepreneurs founded the organization. Do the research and provide meaningful and relevant information for each entrepreneur/intrapreneur that provides detail about the efforts they took to start, grow or maintain the business. Knowledge: Identify two specific uses of technology by the business to start, grow or maintain the business. Do the research and provide robust detail. The best way to locate a wealth of sources is to Google “how does [insert name of the business you selected] use technology to start, grow or maintain the business”.

Think about your own community (your hometown or High Point). Choose a type of business. Are similar types of businesses clustered together? Are there any outliers? What are the most popular spots and are they surrounded by similar businesses? Type your thoughtful response below

Review the following section from the article we previously covered, Experimenting in the Entrepreneurial VentureLinks to an external site. from the Harvard Business Publishing Coursepack. Minimum Viable Product MVP, section 2.3, step 3, pages 8-13.  Look at your Business Model Canvas Map. Do you have a minimum viable product? If so, can you refine it more? If  you don’t have one, what product would you like to provide to potential customers?  If you have not already, decide on a minimum viable product for your business and write about it in a document (at least 50 words). Consider the following prompts when writing about your product: What is your minimum viable product? Why did you choose this product? What kind of reaction do you believe you will have from your customers?